- Price$1,400,000
- SQ. Feet2,875
- Acres1.86
- Built1963
1602 Martin Luther King Boulevard, Panama City
This property is a perfect location for any construction services, industrial services, or a manufacturing business. This is a 1.86 acre fenced in lot with an electric security gate. Property is conveniently located to main roadways including Hwy 231, Hwy 77, Hwy 98 and 23rd St. Highlights include 2875 sq/ft of office and 4257 sq/ft of warehousing, asphalt slab approx 162' x 162', with plenty of greenspace, and extra auxiliary storage buildings. There is available access to MLK Blvd and to Louisiana Ave. The property provides approx. 345 feet of main road frontage off of MLK Blvd. Lot is Industrial commercial zoning. Recently renovated Office building includes: 5 offices, 3 bathrooms, a kitchenette, and reception area. Office has a standing seam metal roof from 2022, hot water heater 2022, HVAC 2022. Office also features an icehouse where team members can fill up coolers before going into the field. Wearhouse building has 7 roll up bay doors, 3 of which are 16ft power roll up bay doors. Wearhouse building has a 2019 screw down metal roof. This property features 37 parking spaces with plenty of room for additional parking, as well as plenty of room for additional building and expansion. No detail was spared to make this a functional and efficient commercial use property. Note there is a new survey denoting where a portion of the frontage was sold to DOT, that can be referenced. When the DOT takes over this section, they have agreed to make all necessary repairs and renovations as a remedy.
Essential Information
- MLS® #746912
- Price$1,400,000
- Bathrooms0.00
- Square Footage2,875
- Acres1.86
- Year Built1963
- TypeCommercial Sale
- Sub-TypeOffice
- StatusActive
Amenities
- UtilitiesElectricity Available, Sewer Available, Water Available
- FeaturesCleared
Exterior
- ExteriorHardiPlank Type
- Lot DescriptionCleared
- RoofMetal
- ConstructionHardiPlank Type
Additional Information
- Date ListedSeptember 21st, 2023
Community Information
- Address1602 Martin Luther King Boulevard
- Area02 - Bay County - Central
- SubdivisionNo Named Subdivision
- CityPanama City
- CountyBay
- StateFL
- Zip Code32405
Interior
- HeatingCentral, Electric
- CoolingCentral Air, Electric
- Stories1
School Information
- ElementaryCedar Grove
- MiddleMowat
- HighBay
Listing Details
- Listing OfficeEXP Realty LLC
Price Change History for 1602 Martin Luther King Boulevard, Panama City, FL (MLS® #746912)
Date | Details | Price | Change |
---|---|---|---|
Price Reduced | $1,400,000 | $350,000 (20.00%) | |
Price Reduced (from $2,150,000) | $1,750,000 | $400,000 (18.60%) |
DISCLAIMER: IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information Source: Bay County Association Of REALTORS® Multiple Listing Service